My Sister Messed Up My Business Tax Return

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 13 September 2021

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Christy Wright, Dr. John Delony, and George Kamel. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the Ramsey Call of the Day, part of the Ramsey Network.
0:10.8	Joining me today is Ramsey Personality, Christy Wright.
0:15.8	Josh is with us. Josh is in Boise, Idaho. Hi, Josh. How are you?
0:20.6	Good. How are you? Good.
0:21.0	How are you?
0:21.5	Better than I deserve.
0:22.5	What's up?
0:24.3	Well, I appreciate you taking my call.
0:27.4	Second of all, I'll give you a tiny bit of backstoric, because I know you're busy.
0:33.6	But I'm a 31-year-old male, and I took over my dad's business about in 2009 right before the economy crash, the whole residential crash.
0:47.9	And so when I did that, we were kind of struggling. I took the business over. It's starting to get good.
0:55.3	Um, but, uh, I made the mistake of not educating myself on, uh, taxes.
1:02.0	And, uh, yes.
1:04.1	And so what, what happened was is I had my old man who I took the, the business over from,
1:09.9	I had him talk me into having my sister do my taxes, who is not a CPA.
1:18.6	And I got audited, and I racked up quite a bit of tax debt.
1:24.0	How much do you owe?
1:26.7	Well, at the time, it was about 15,000, which was kind of overwhelming for a young person
1:34.8	like myself. I'm now older and I understand what I did wrong.
1:40.1	What's your question?
1:41.1	Yeah.
1:42.5	Okay, that's, yeah, my question is, is, um, uh, do you believe in, um, the, uh, the tax, you know, the tax program
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.